It Isn’t Scalping, It’s "Price Discrimination"
The Chicago Cubs have their own ticket-reselling agency [aka scalper] which sells tickets at prices above the face value. Well, it isn’t owned by the …
John Palmer
Well, if nobody watches hockey….
What about curling? Actually, more people would watch it if they could! It turns out that the Canadian Curling Association negotiated a new contract for …
Ten Top Stadium-Naming Deals
From Forbes, courtesy of Craig Newmark, With a deal to name the Mets’ new stadium in New York, Citigroup follows the lead of fellow banking …
Why Economics Should be a Required Coursefor Journalists and Sportscasters
About a week ago, I was listening to the Toronto Blue Jays’ broadcast of a game between the Blue Jays and the New York Yankees. …
Ticket Scalping:Welsh Rugby Union
This article typifies the usual mainstream media writing about ticket scalping, indicating that most journalists have little or no understanding of the concept of opportunity …
Revenue Sharing in MLB
Michael Lewis has an Op-Ed in the NYTimes this morning, pointing out that the present revenue-sharing formula in major league baseball does little to affect …
More on Manchester United:Hedge Funds Back Glazer
According to the Sunday Times [h/t to Brian Ferguson for the link], three major hedge funds are backing Malcom Glazer’s acquisition of Manchester United. THREE …
Will There Be Hockey?My Bet Is Yes
Given that the owners have taken “linkage” of salary caps to revenues out of their offers, and given that players have accepted a salary cap, …
Wimbledon Eschews the Labour Theory of Value
The All-England Club, which hosts the Wimbledon tennis tournament, has announced that beginning in 2007, the prize money will be the same for male and …
Hockey: We Had to Bomb the Village to Save It
People from my generation will remember the subtitle of this posting as a quote from LBJ or General Westmoreland or somebody during the Vietnam era. …